freight

Electronics makers cranking out freight

ISM says production of computers and other electronics led the way for manufacturing, which continued its rebound in November.

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Combating cargo theft: An interview with Schneider security director Walt Fountain

When I visited Schneider National’s Green Bay, Wis., headquarters in June for the carrier’s 75th-anniversary celebration, I got an up-close look at one of many efforts the company’s put in place over the years to enhance the security of its customers’ cargo in transit and at each of its 15 domestic facilities. Gate-security ground zero in Wisconsin allows 24-hour surveillance monitors to keep tabs on the comings and goings at 15 yards around the country. ...

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Freight 6.1 percent ahead of 2009

Year-to-date through October, seasonally adjusted tonnage is up 6.1 percent compared with the same period in 2009.

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Factory growth picks up from September

Cars, computers and exports are leading some of the most recent manufacturing growth, according to the latest report from the Institute for Supply Management. Only two areas (Nonmetallic Mineral Products; Furniture & Related Products) shrunk during October, says ISM, while 14 showed expansion. October was the 15th consecutive month for manufacturing to expand, and the overall economy grew for the 18th consecutive month, ISM reports. And last month’s growth measured 56.9 percent on ISM’s scale, up 2.5 ...

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Rebounding factories slow a bit in September

The recovery is still on, but it’s getting winded. That’s the conclusion of the Institute for Supply Management, which released its monthly manufacturing report today. While ISM’s Purchasing Managers Index “reading of 54.4 percent is still quite positive, the overall picture is less encouraging,” says ISM’s Norbert Ore. “The growth of new orders continued to slow... Production is currently growing at a faster rate than new orders, but it typically lags and would be expected to ...

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Sept. 29 webinar: Load selection for profit

Trucking radio host and Overdrive columnist Kevin Rutherford will discuss how to make wise choices in planning your loads in Overdrive’s next webinar

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Confidence lackluster, but factories humming

Tuesday’s report on consumer confidence was a bit sour, even though the index was up a tad. “Overall, consumers remain apprehensive about the future," said an official with The Conference Board Consumer Research Center, which manages the survey. But, hey, that’s just a survey of how people feel. A report this morning shows that manufacturing, which has a more direct impact on trucking, continues to improve. One of the most active manufacturing sectors was transportation equipment, ...

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Manufacturing still growing, but more slowly

The recovery is still with us, note the factory-watchers at the Institute for Supply Management. The manufacturing sector expanded in June for the 11th consecutive month, though at a less heated pace than in May. The overall economy for the 14th consecutive month in June. Of course, the housing and labor markets still suffer. The first affects flatbed freight, though flatbed seems to have enough other business to have started the year well. First-quarter data from ATBS ...

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Paper products leading factory growth

The latest news from manufacturers, reporting a strong May, backs up reports that freight is growing. Manufacturing expanded in May for the 10th consecutive month, and the overall economy grew for the 13th consecutive month, according to the supply executives polled for the Institute for Supply Management’s Report On Business. “Employment continues to grow as manufacturers have added to payrolls for six consecutive months,” says Norbert J. Ore of ISM. “The recovery continues to broaden as 16 ...

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‘Flatbed is particularly strong’ and other upbeat news

Lots of good economic reports all around for trucking in the last few days. If you’re not with a carrier who’s keeping you busy, figure out why or look elsewhere. Morgan Stanley’s truckload freight research report “continues to show strong trends … Flatbed is particularly strong.” Consequently, by the fourth quarter this year, on an annual basis, “rate increases of 4-5% should now be the base case. If fuel prices spike and a material restocking takes place, ...

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